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Level 3
March 8, 2026
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Deductions and Credits

  • March 8, 2026
  • 1 reply
  • 37 views

Schedule A, line 17 shows a deduction of $18,374. However, only $17,750 appears on form 1040, line 12e. Why didn't the $18,374 transfer?  I am filing single, standard deduction. Is there a limit if filing standard deduction? 

    Best answer by SteamTrain

    Expert Reviewed

    @skj 

     

    IF the Std Deduction is used instead...maybe either:

    1) your taxable income is already being reduced to zero with the StDed.

    or

    2) I think it is also possible to have some small amount of taxable income, due only to Cap gains and Qualified dividends, and still have a zero tax liability.

     

    In either case, the Std Ded might be preferred to be used, or the default in these cases, such that any state refund you get this year, won't become Federal taxable income next year.

    1 reply

    SteamTrain
    Level 15
    March 8, 2026

    Expert Reviewed

    @skj 

     

    IF the Std Deduction is used instead...maybe either:

    1) your taxable income is already being reduced to zero with the StDed.

    or

    2) I think it is also possible to have some small amount of taxable income, due only to Cap gains and Qualified dividends, and still have a zero tax liability.

     

    In either case, the Std Ded might be preferred to be used, or the default in these cases, such that any state refund you get this year, won't become Federal taxable income next year.

    ____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*